Comparison · NSE · data 2026-11-01
JSW Steel Limited vs Tata Steel Limited
In plain words
Size: JSW Steel Limited is about 1.5 times the market value of Tata Steel Limited.
Valuation (P/E): Tata Steel Limited 18.9 vs JSW Steel Limited 10.7.
Return on equity: JSW Steel Limited 24.9% vs Tata Steel Limited 11.2%.
Profit growth over 3 years: JSW Steel Limited 75.3% a year vs Tata Steel Limited 7.2% a year.
Differences in the numbers, not a recommendation of either stock.
Side by side
| JSWSTEEL | TATASTEEL | |
|---|---|---|
| Price | ₹1,246 | ₹167.6 |
| Market cap | ₹3,04,459 cr | ₹2,09,349 cr |
| P/E | 10.7 | 18.9 |
| P/B | 2.7 | — |
| ROE | 24.9% | 11.2% |
| ROCE | 10.7% | 11.1% |
| Debt / equity | 0.99 | 0.9 |
| Operating margin | 13.0% | 9.5% |
| Dividend yield | 0.57% | 2.39% |
| Sales growth, 3 years (yearly) | 3.6% | -1.6% |
| Profit growth, 3 years (yearly) | 75.3% | 7.2% |
| 1-year return | 3.2% | -9.1% |
| Revenue, last 12 months | ₹1,99,021 cr | ₹2,39,756 cr |
| Net profit, last 12 months | ₹28,439 cr | ₹11,035 cr |
| Latest quarter | Sept 2026 | Jun 2026 |
| Quarter net profit | ₹5,279 cr | ₹2,318 cr |
| Quarter profit vs a year earlier | +225.3% | +11.6% |
| Promoter holding | 44.30% | 32.94% |
| Health check | Strong (7.7/10) | Average (5.2/10) |
Common questions
Which has a higher P/E, JSW Steel Limited or Tata Steel Limited?
Tata Steel Limited trades at the higher P/E (18.9 against 10.7). A higher P/E means the market pays more for each rupee of past earnings; on its own it does not say which is better.
Which earns a higher return on equity?
JSW Steel Limited (24.9% against 11.2%).
Which carries more debt?
JSW Steel Limited has the higher debt-to-equity ratio (0.99 against 0.9).